News

Securities America’s CEO Re-Elected to FINRA Board

August 11, 2020 | Media Mentions, Announcements

Jim Nagengast, CEO of Securities America Financial and president of Securities America, Inc., was re-elected Friday as the Financial Industry Regulatory Authority's Large Firm Governor...

Advisor Group and Securities America Announce Successful Recruitment of Heritage Harbor Financial Associates

July 30, 2020 | Press Releases

Advisor Group, the nation's largest network of independent wealth management firms, and Securities America today announced the successful recruitment of Heritage Harbor Financial Associates, an independent financial advisory business headquartered in Port Jefferson Station, N.Y., with three offices across Long Island that oversee $150 million in total client assets.

Securities America Concludes Successful Third Annual NxG Conference for Next-Gen Financial Professionals

July 09, 2020 | Press Releases

Securities America today announced the successful completion of its third annual NxG Conference, a two-day virtual experience featuring workshops, discussion groups, and networking opportunities aimed at helping top-performing financial professionals in the first 15 years of their careers further develop their skill sets, learn from their peers and build their businesses.

Advisor Group and Securities America Welcome Oregon Community Credit Union Investment Services

July 02, 2020 | Press Releases, Announcements, News

Securities America today welcomed Oregon Community Credit Union (OCCU) to its Financial Institutions platform. The financial institution's Investment Services team includes four licensed financial professionals who offer financial planning and wealth management services to credit union members at each of the institution's 10 Oregon branches and oversee $340 million in client assets. OCCU has affiliated with Securities America through Priority Financial Group (PFG), a hybrid Registered Investment Advisor / Super-OSJ based in Phoenix that specializes in developing competitive, customized programs for financial institutions to grow their wealth management capabilities and improve operating efficiency.

Advisor Group To Fold Three Ladenburg Firms Into Securities America

May 12, 2020 | Media Mentions, News

Six months after acquiring Ladenburg Thalmann and its five broker/dealers in a $1.3 billion deal, Advisor Group will integrate three of those b/ds under the Securities America banner.

The move will leave Securities America and Triad Advisors as the only remaining stand-alone firms from the Ladenburg acquisition. The transition should be completed by the end of the year, according to Advisor Group CEO Jamie Price.

Price said that much of the business functions of the three b/ds slated to merge—Investacorp, Securities Service Network (SSN) and KMS Financial Services—were already being performed by Securities America’s operations group...

Other than a small portion of KMS accounts, no repapering would be needed, according to Price, who said just under 1,000 advisors would be affected by the transition. Larry Roth, a managing partner with RLP Financial Partners, said that the realignment would likely help expedite financial professional’s access to Advisor Group’s technology stack.

“I think this will be quite good for advisors and get them what they need than if they had built it out over time,” he said.

Investacorp, Securities Service Network and KMS Financial Services to Become Part of Securities America

May 12, 2020 | Press Releases, News

Investacorp, Securities Service Network and KMS Financial Services will be integrated into Securities America under an organizational realignment.  Advisor Group is making the drive to accelerate delivery of its industry-leading technology, platforms and growth resources to all financial professionals across its recently expanded organization.